Ethereum’s Layer 1 Set for 10x Scalability Boost Within 12 Months, Says Vitalik Buterin

Ethereum co-founder Vitalik Buterin has announced a groundbreaking scalability upgrade for Ethereum’s Layer 1, promising a tenfold increase in performance within the next 12 months. Speaking at ETHGlobal Prague, Buterin revealed that the blockchain’s core layer is poised for significant optimization while maintaining its decentralized ethos. The upgrade will be implemented cautiously, followed by a deliberate pause to assess network stability and decentralization metrics. This development comes as ethereum trades at $2,487.99 (USDT), potentially signaling a new era of growth and adoption for the world’s leading smart contract platform. The strategic approach underscores Ethereum’s commitment to balancing scalability with its foundational principles, potentially setting the stage for broader institutional adoption and enhanced network utility.

Vitalik Buterin Announces 10x Scaling for Ethereum Layer 1 Within 12 Months

Ethereum co-founder Vitalik Buterin revealed at ETHGlobal Prague that the blockchain’s LAYER 1 is poised for a tenfold scalability increase within the next year. "We should scale L1 about 10x over the next year and a bit," Buterin stated, emphasizing a cautious approach to maintain decentralization.

The upgrade will be followed by a deliberate pause to assess network stability and decentralization metrics. "At that point, it will be a good time to take a breather," Buterin noted, highlighting the need for developers to consolidate improvements before the next major upgrade.

The announcement addresses growing questions about Ethereum’s roadmap as it seeks to balance scalability with its foundational principles. Market observers anticipate this measured approach could set a precedent for blockchain infrastructure development.

SharpLink Gaming Plans $1 Billion Share Sale to Build Ethereum Treasury

SharpLink Gaming has filed with the SEC to raise up to $1 billion through a share sale, with proceeds earmarked exclusively for Ethereum acquisitions. The company intends to issue 72.05 million common shares under the ticker "SBET," with 12.6 million shares priced at $79.21 based on Nasdaq’s May 29 valuation.

The move solidifies SharpLink’s May commitment to convert corporate reserves into ETH. At current prices, full subscription would yield approximately 400,000 ETH, marking one of the largest corporate crypto treasury allocations since MicroStrategy’s Bitcoin acquisitions. Market observers note the filing coincides with renewed institutional interest in Ethereum following the SEC’s approval of spot ETH ETFs.

Ethereum Eyes $3,340 Breakout as Bullish Technicals Align

Ethereum’s market structure suggests a potential rotation toward $3,340 as it consolidates above the critical 200-week moving average. The asset has demonstrated strength by reclaiming its point of control after testing the value area low between $1,400 and $1,600—a zone previously deemed undervalued by traders.

Weekly charts show ETH now faces its final local resistance at $2,800 before completing the full Market Auction Theory rotation. Institutional interest often materializes around the 200-week moving average, and Ethereum’s sustained position above this level reinforces the bullish case.

Trading volume confirms growing conviction, with the next major technical target lying at the value area high of $3,340. This setup mirrors broader crypto market optimism, where Ethereum continues to lead altcoin momentum.

Ethereum’s Next Level: Vitalik Buterin Unveils a 10X Scalability Plan

Ethereum stands at a pivotal juncture. Vitalik Buterin’s latest announcement from Prague signals a transformative phase for the network—a 10x scalability boost for Layer 1 within 18 months. The plan hinges on two technical pillars: raising the gas limit and deploying stateless clients, all while prioritizing censorship resistance and decentralization.

Market pressures forced this move. Soaring Layer 2 costs have exposed Ethereum’s foundational constraints, pushing developers to fortify the base chain. Buterin’s measured approach contrasts with Ethereum’s history of ambitious timelines. "It will be the right time to take a little breather," he cautioned, underscoring the delicate balance between progress and network integrity.

The roadmap faces skepticism. Critics point to Ethereum’s legacy of delayed upgrades, while proponents see this as the long-awaited inflection point. With Layer 2 solutions straining under demand, Buterin’s offensive could redefine Ethereum’s competitive edge against rival smart contract platforms.